H.C. Wainwright lowered the firm’s price target on Arvinas (ARVN) to $24 from $81 and keeps a Buy rating on the shares after the company announced a strategic restructuring and pipeline modifications. The firm reevaluated vepdeg’s potential market penetration and adjusted its discount rate assumptions to align with the broader macroeconomic climate.
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Read More on ARVN:
- Arvinas price target lowered to $16 from $32 at Guggenheim
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